PWRD vs. SUPP

Last updated Jun 4, 2026

PWRD (TCW Transform Systems ETF) and SUPP (TCW Transform Supply Chain ETF) are both exchange-traded funds - PWRD is a Energy Equities fund actively managed by TCW, while SUPP is a Large Cap Blend Equities fund actively managed by TCW. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

PWRD vs. SUPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Transform Systems ETF (PWRD) and TCW Transform Supply Chain ETF (SUPP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PWRD achieves a 19.81% return, which is significantly lower than SUPP's 21.37% return.

PWRD

• 1D: -0.09%
• 1M: 3.10%
• YTD: 19.81%
• 6M: 18.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SUPP

• 1D: -0.15%
• 1M: 6.38%
• YTD: 21.37%
• 6M: 18.97%
• 1Y: 32.28%
• 3Y*: 19.34%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PWRD vs. SUPP - Yearly Performance Comparison

	2026 (YTD)	2025
PWRD TCW Transform Systems ETF	19.81%	7.66%
SUPP TCW Transform Supply Chain ETF	21.37%	4.38%

Correlation

The correlation between PWRD and SUPP is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2025	0.85

Return for Risk

PWRD vs. SUPP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SUPP

SUPP Risk / Return Rank: 50
SUPP Sharpe Ratio Rank: 49
SUPP Sortino Ratio Rank: 49
SUPP Omega Ratio Rank: 47
SUPP Calmar Ratio Rank: 49
SUPP Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PWRD vs. SUPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Transform Systems ETF (PWRD) and TCW Transform Supply Chain ETF (SUPP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PWRD	SUPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.89	+0.42

Drawdowns

PWRD vs. SUPP - Drawdown Comparison

The maximum PWRD drawdown since its inception was -14.12%, smaller than the maximum SUPP drawdown of -25.03%. Use the drawdown chart below to compare losses from any high point for PWRD and SUPP.

Drawdown Indicators

	PWRD	SUPP	Difference
Max Drawdown Largest peak-to-trough decline	-14.12%	-25.03%	+10.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.03%	—
Current Drawdown Current decline from peak	-0.74%	-0.15%	-0.59%
Average Drawdown Average peak-to-trough decline	-3.17%	-4.41%	+1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.29%	—

Volatility

Volatility by Period

	PWRD	SUPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.03%	19.38%	+4.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.03%	19.44%	+4.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.03%	19.44%	+4.59%

PWRD vs. SUPP - Expense Ratio Comparison

Both PWRD and SUPP have an expense ratio of 0.75%.

Dividends

PWRD vs. SUPP - Dividend Comparison

PWRD has not paid dividends to shareholders, while SUPP's dividend yield for the trailing twelve months is around 0.29%.

Position	TTM	2025	2024	2023
PWRD TCW Transform Systems ETF	0.00%	0.00%	0.00%	0.00%
SUPP TCW Transform Supply Chain ETF	0.29%	0.35%	0.49%	0.45%

Frequently Asked Questions

Can I hold both PWRD and SUPP in my portfolio?

PWRD and SUPP have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PWRD or SUPP?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PWRD or SUPP?

PWRD and SUPP have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, PWRD or SUPP?

SUPP has the higher dividend yield at 0.29%, compared with 0.00% for PWRD.

What is the main difference between PWRD and SUPP?

PWRD is categorized as Energy Equities, while SUPP is Large Cap Blend Equities.